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flag India’s beauty market to hit $40B by 2030, led by young consumers, digital growth, and new brands.

flag India’s beauty and personal care market is projected to reach $40 billion by 2030, becoming the world’s fourth-largest, driven by Gen Z and Gen Alpha consumers, rising incomes, and digital adoption. flag E-commerce will account for over one-third of sales, with quick commerce emerging as the dominant online format. flag Five digital channels—direct-to-consumer, marketplaces, vertical platforms, quick commerce, and value commerce—each expected to capture at least 10% of online demand, pushing brands to adopt multi-format strategies. flag Over 150 new-age brands are forecast to reach ₹100 crore in annual revenue, collectively capturing about 25% of market share, as demand shifts toward transparency, personalization, and convenience.

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